The Business Bytes

TBB BUREAU NEW DELHI, JUNE 20, 2023 State Bank of India Managing Director Swaminathan Janakiraman has been appointed the Deputy Governor of the Reserve Bank of India (RBI) by the government. The Appointments Committee of Cabinet (ACC) on Tuesday approved his appointment. Janakiraman will hold the post for a period of three years from the date of joining or until ...

TBB BUREAU NEW DELHI, JUNE 20, 2023 The Employees’ Provident Fund Organisation (EPFO) has added 17.20 lakh net members in the month of April, 2023 as compared to the net addition of 13.40 lakh during March, 2023. Year-on-year, an increasing trend has been observed in net payroll addition for the month of April, 2023, EPFO’s provisional payroll data released on ...

TBB BUREAU MUMBAI, JUNE 20, 2023 Notwithstanding the healthy demand, cement prices are expected to slip 1-3 per cent this fiscal, after clocking a 4 per cent compound annual growth rate (CAGR) over the past four to a new all-time high of Rs 391 per 50 kg bag last fiscal, a CRISIL Report said on Tuesday. The run-up was due ...

TBB BUREAU BHUBANESWAR, JUNE 19, 2023 With the peak summer season of the current financial year (FY2023-24) witnessing an unprecedented increase in power requirements across TP Central Odisha Distribution Ltd (TPCODL)’s area of operation due to soaring temperatures throughout the day resulting in a surge in power demand, TPCODL’s power demand has risen from 1763 MW to 2025 MW, marking ...

TBB BUREAU NEW DELHI, JUNE 19, 2023 The provisional payroll data of ESIC reveals that 17.88 lakh new employees have been added in the month of April, 2023.Around 30,249 new establishments have been registered and brought under the social security umbrella of the Employees’ State Insurance Corporation in the month of April, 2023, thus ensuring more coverage. Data evidently reveals ...

TBB BUREAU BALASORE, JUNE 19, 2023 The demand for electricity in Tata Power Northern Odisha Distribution Limited (TPNODL) has soared to unprecedented levels this year, driven by a surge in heat waves across the State. TPNODL has already seen peak demand of 1279 MW of power in June this year, surpassing the peak demand of 1154 MW seen in FY23. ...

TBB BUREAU NEW DELHI/BHUBANESWAR, JUNE 19, 2023 Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, announced the start of its monsoon service camp at its authorized dealership facilities across the country from 19th-30th June 2023. As a part of company’s customer-centric initiatives, the camp will offer owners a free 32-point car check and top wash ...

TBB BUREAU BHUBANESWAR, JUNE 19, 2023 Sickle cell disease (SCD) poses significant challenges for patients in India as the availability of curative stem cell transplants remains limited. With only a few centres offering this life-saving procedure, patients face barriers due to limited access to care and a lack of awareness among the public about stem cell donation. The absence of ...

Vehicles require special care during monsoons, and electric vehicles (EVs) are no different. While EVs are becoming increasingly popular for their green credentials and low running costs, they require proper maintenance during the monsoon season to run smoothly. For EV owners, the monsoon poses several challenges. Thus, it is vital to understand the potential risks and take necessary precautions to ...

TBB BUREAU BHUBANESWAR, JUNE 18, 2023 Tata Power Central Odisha Distribution Limited (TPCODL) has restored 2712 electric poles, and repaired 370 distribution transformers since March 2023 that were severely impacted by the frequent spells of high intensity Nor’wester reported this year. The dedicated 7,700-plus ground staff of TPCDOL have also repaired 234 circuit km of damaged cables. They have also ...